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- Fed Williams: Raising Fed interest rates over the next few years will help the economy
Fed Williams: Raising Fed interest rates over the next few years will help the economy
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Normal rates will be below 3%
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The labor market has reached full employment
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To maintain the strength of the labor market needs increase in the number of jobs by 80 000 per month
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The unemployment rate will bottom out at 4.5%, job growth will slow
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Trend growth is 1.5% -1.75% per year
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The inflation rate is close to the target of 2%
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The greatest risk to the US economy are global in nature
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Europe still faces a very difficult economic and political situation
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Fiscal policy will give little impetus to GDP growth in the first half of this year
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